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The Ratio of Housing Price to Income as a Measurement of Rural Differentiation

The Ratio of Housing Price to Income as a Measurement of Rural Differentiation This article investigates rural differentiation through an inquiry into the ratio of rural housing price to the income of rural households. The households surveyed here are classified into five income groups, namely, the low-income, the lower-middle-income, the middle-income, the upper-middle-income, and the high-income groups. They are further grouped into three categories according to their house-building or -purchasing abilities, namely those whose family members mainly live in the purchased condominiums in towns and cities; those who live in the newly built houses in the countryside; and those who give up building a new house in the rural area. It is concluded that income gap is the root cause of rural stratification, that the well-to-do of the rural households tend to flow into the towns and cities, which impedes the long-term development of the rural area and the entire national economy, and that those households who give up a house-building plan have basically lost their upward-moving opportunities in the course of social restructuring. (This article is in Chinese.) http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Rural China: An International Journal of History and Social Sciences Brill

The Ratio of Housing Price to Income as a Measurement of Rural Differentiation

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Publisher
Brill
Copyright
© 2015 by Koninklijke Brill NV, Leiden, The Netherlands
Subject
Articles
ISSN
2213-6738
eISSN
2213-6746
DOI
10.1163/22136746-01202005
Publisher site
See Article on Publisher Site

Abstract

This article investigates rural differentiation through an inquiry into the ratio of rural housing price to the income of rural households. The households surveyed here are classified into five income groups, namely, the low-income, the lower-middle-income, the middle-income, the upper-middle-income, and the high-income groups. They are further grouped into three categories according to their house-building or -purchasing abilities, namely those whose family members mainly live in the purchased condominiums in towns and cities; those who live in the newly built houses in the countryside; and those who give up building a new house in the rural area. It is concluded that income gap is the root cause of rural stratification, that the well-to-do of the rural households tend to flow into the towns and cities, which impedes the long-term development of the rural area and the entire national economy, and that those households who give up a house-building plan have basically lost their upward-moving opportunities in the course of social restructuring. (This article is in Chinese.)

Journal

Rural China: An International Journal of History and Social Sciences – Brill

Published: Nov 18, 2015

Keywords: housing price-to-income ratio; differentiation

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